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Retail
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Luxury retailers grapple with tough times

High-end retail is reporting a bumpy performance, but insiders say the Asia-Pacific region remains a key focus area.

Luxury retailers in the domestic market are expected to weather tough economic conditions.

Kate McVicar Tue, 08 Jul 2025

Some luxury retailers have delayed their plans to expand in New Zealand, due to a global drop in consumer spending and a slow rebound in tourism. However, industry figures say most are still keen to keep their existing stores.

Traditionally, high-end retail has been more resilient than other parts

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Kate McVicar Tue, 08 Jul 2025
Contact the Writer: kate@nbr.co.nz
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Luxury retailers grapple with tough times
Retail,
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